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☆ Meet WiFi Money: Wealthy Finance Influencers Who Infuriated Investors
▼ + stars: | 2024-05-19 | by ( Rob Price | ) www.businessinsider.com time to read: +26 min

The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.

Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, —, James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich

☆ Dani Alves: Soccer star leaves prison after paying $1 million bond for provisional release after sexual assault conviction
▼ + stars: | 2024-03-25 | by ( Pau Mosquera | Sammy Mncwabe | ) edition.cnn.com time to read: +1 min

CNN —Brazilian soccer star Dani Alves has left prison after submitting a €1 million bond (approximately $1.08 million) to a Barcelona court required for his provisional release after being convicted of sexual assault, the Supreme Court of Justice of Catalonia said in a statement on Monday. On February 22, the Barcelona provincial court sentenced Alves to four-and-a-half years in prison for sexually assaulting a woman in one of the city’s nightclubs in late December 2022. After leaving prison, the 40-year-old will have his Brazilian and Spanish passports confiscated. He is also prohibited from leaving Spanish territory and must make weekly appearances at the provincial court. Alves is one of the most decorated soccer players of his generation, winning domestic titles in Spain, Italy and France.

Persons: Dani Alves, Alves, Inés Guardiola, Alves ’ Organizations: CNN, Justice, Provincial, Barcelona Prosecutor’s, Barcelona, Copa Locations: Brazilian, Barcelona, Catalonia, Spain, Italy, France, Brazil

LAS VEGAS (AP) — The Philadelphia Eagles will be the host team for the NFL's first regular-season game in Brazil on Friday, Sept. 6 — a day after the 2024 season opener, Commissioner Roger Goodell said Monday. Goodell made news when he said the Eagles will play in Sao Paolo against a to-be-named opponent. It’ll be the first time in 54 years the NFL has played a game on Friday night of its opening weekend. The game will be played at the Corinthians Arena, home to Brazilian soccer team SC Corinthians. The Eagles’ opponent, along with the kickoff time, will be announced closer to when the 2024 schedule is revealed this spring.

Persons: Roger Goodell, Goodell, Rooney, It’ll, ___ Organizations: LAS VEGAS, Philadelphia Eagles, Kansas City Chiefs, San Francisco 49ers, Super, Eagles, NFL, Los Angeles Rams, Louis Cardinals, Corinthians, Brazilian soccer, SC Corinthians, Tottenham Hotspur, Chicago Bears, Minnesota Vikings, The Jacksonville Jaguars, Wembley, The Carolina Panthers, Allianz Arena —, Bayern Munich Locations: Brazil, Sao Paolo, Brazilian, London, Britain, Munich, Germany

☆ Dani Alves: Soccer star to go to trial for alleged sexual assault
▼ + stars: | 2023-11-15 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +1 min

CNN —A Spanish court says that Brazilian soccer player Dani Alves will face trial over an alleged sexual assault at a Barcelona nightclub in December 2022, according to Reuters. Reuters reports that Alves has been imprisoned in Barcelona since his arrest in January. CNN also reached out to Mexico’s UNAM – the club Alves was playing for at the time of the alleged sexual assault – for comment but did not immediately hear back. Alves is one of the most decorated soccer players of his generation, having won domestic titles in Spain, Italy and France. He also won three Champions League titles with Barça and won the Copa América with Brazil in 2007 and 2019.

Persons: Dani Alves, Alves, Alves ’, Barça Organizations: CNN, Reuters, FC Barcelona, UNAM –, Copa, Cameroon Locations: Barcelona, Spain, Italy, France, Brazil, Qatar

☆ Is Fluminense the Team of the Future?
▼ + stars: | 2023-11-03 | by ( Rory Smith | More About Rory Smith | ) www.nytimes.com time to read: +1 min

Everything that has followed and everything that might yet — the glory and the acclaim, the opportunity and the revolution — has unspooled from a simple text. What is not entirely clear, though, is precisely which message was the one that counted. One night in April last year, the soccer coach Fernando Diniz sent a message to Mario Bittencourt, the president of Fluminense, one of the traditional giants of Brazilian soccer. Fluminense had just fired its coach. Diniz had both played for and managed the team already, and he had fond memories of his time working with Bittencourt, a 45-year-old lawyer.

Persons: Fernando Diniz, Mario Bittencourt, Diniz, ” Organizations: Fluminense

☆ Adidas and Puma eye chances in soccer's fashion moment
▼ + stars: | 2023-11-01 | by ( Helen Reid | Thomson Reuters | London-Based Reporter Covering The European Retail Sector Through A Global Lens. Focusing On Companies Including Adidas | ) www.reuters.com time to read: +5 min

One Premiership team has hired a creative director to expand its apparel offering, while Adidas in September launched an "exclusively off-pitch" apparel collection for some of the big-name teams it sponsors. "The love-in between football and fashion is only just beginning," said Richard Busby, CEO at sponsorship consultancy BDS Sponsorship. In August, Crystal Palace hired Kenny Annan-Jonathan as creative director focused on apparel. "We are experiencing hype around football jerseys and general designs influenced by football culture across streetwear and fashion," said Puma's global creative director Heiko Desens. "There's a risk of tension with existing fans whenever you start moving beyond the core culture," said Athens Kallithea's president and creative director, Ted Philipakos.

Persons: Asanka Brendon Ratnayake, Kim Kardashian, Richard Busby, Mary Earps, Busby, Kardashian, Germain, Mia Regan, Kenny Annan, Jonathan, GlobalData, Heiko Desens, Puma, popstar, cleats, Pele, Rihanna, Graham Renwick, Prada, Ted Philipakos, Philipakos, Helen Reid, Catherine Evans Organizations: Soccer Football, FIFA, England, Soccer, LONDON, Adidas, Puma, Nike, Greek, Athens Kallithea, Paris Saint, Arsenal, Crystal Palace, Premier League club, FOOTBALL, Bayern Munich, Juventus, Manchester United, Real, Liverpool, Newcastle United, Italy's Venezia FC, Athens Kallithea's, Premier League, Bundesliga, Thomson Locations: New Zealand, Spain, Australia, Sydney, Brazilian, Real Madrid, Italian, Athens

☆ Kim Kardashian is making Skims for men
▼ + stars: | 2023-10-23 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Skims, the underwear and apparel brand founded by Kim Kardashian, is hoping to attract new customers: men. The four-year-old shapewear brand is expanding beyond female clothing and into men’s products, with a new lineup launching Thursday that includes briefs, undershirts, boxers and leggings. Skims also said that men already account for more than 10% of its existing customer base. Skims’ successSkims has been a major success story for Kardashian with the privately held company recently valued at a whopping $4 billion. Jens Grede, Skims’ CEO, recently told Dealbook that stock investors have shown an increased interest in consumer-oriented businesses like Skims, and that an IPO is something the company wants.

Persons: New York CNN — Skims, Kim Kardashian, undershirts, San Francisco 49ers Nick Bosa, SKIMS, Skims, ”, Kardashian, Nick Bosa, Neymar Jr, Shai Gilgeous, Alexander, Andy Muir, Jens Grede, Grede, “ Skims, ” Kardashian, CNN’s Poppy Harlow, Harlow, “ Organizations: New, New York CNN, San Francisco 49ers, CNN, NBA, Wellington Management, Nike, Wall, SKYY Partners Locations: New York, shapewear

☆ Neymar to undergo surgery after tearing his anterior cruciate ligament with Brazil
▼ + stars: | 2023-10-19 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +2 min

CNN —Brazilian soccer superstar Neymar is set to have surgery after tearing both his anterior cruciate ligament (ACL) and meniscus in his left knee, his club Al-Hilal have confirmed. After battling with Uruguay’s Nicolás de la Cruz for ball, Neymar collapsed to the ground clutching his knee, just before half-time. Neymar reacts after tearing his left ACL and meniscus. This marks the second surgery Neymar will undergo in 2023 – his final season in Paris was ended prematurely after an ankle injury in February. “It’s not easy going through injury and surgery, imagine going through it all again following four months of recovery,” he added in his post.

Persons: Neymar, Hilal, Uruguay’s, la Cruz, ong, ade, eparting, aint-, eason Organizations: CNN, Al, Brazil’s, Uruguay, aris

But he says he gradually gained new fans in his soccer-crazed South American country for representing his Afro-Brazilian religion Candomblé and challenging religious intolerance. And it’s nice to feel they see something good in what I do.”Just a small minority in Brazil practices Candomblé. Growing up in Rio de Janeiro, Paulinho said he suffered prejudice because of his faith -- like his mother and grandmother before him. Paulinho now plays for Brazil’s Atlético Mineiro, a club that during the 1980s had some of the first outspoken evangelical soccer players in the country. Paulinho was one of the few active soccer players to publicly endorse President Luiz Inácio Lula da Silva in the 2022 elections.

Persons: Paulinho, –, Oxóssi, …, it’s, nonbelievers, wasn’t, Candomblé, Vasco da Gama, Ana Christina Sampaio, “, ”, “ Candomblé, Reginaldo Prandi, That’s, ” Prandi, ” Paulinho, emboldening, Jair Bolsonaro, Luiz Inácio Lula da Silva, Caetano Veloso, Prandi, Rodrigo Nestor, Iansã, ” Nestor, “ That’s Organizations: LAGOA, Tokyo, Brazilian club Atletico Mineiro, Vasco, Candomblé, Portuguese, Bayer Leverkusen, Brazil’s Atlético Mineiro, Atletico Mineiro, Black, Sao Paulo FC, Rodrigo, Brazilian, Flamengo, Globo, Lilly Endowment Inc, AP Locations: LAGOA SANTA, Brazil, American, Christianity, Belo Horizonte, “, Rio de Janeiro, European, England, Spain, India, Bahia, Bolsonaro, Sao, Paris

It has occurred in parallel to one of the world’s highest inflation rates. The artwork then fetches prices ranging from 40,000 to 70,000 pesos domestically and as much as $300 abroad. The artists are reclaiming the currency at a time when the bills have often been the target of disdain from Argentina’s neighbors. Brazilian soccer fans have torn up peso bills as a mockery to their Argentine rivals. Inflation surged 12.4% in August from July, the highest rate of monthly consumer price increases since February 1991.

Persons: George Washington, United States ’, Donald Trump, Sergio Díaz, Diaz, ”, Diego Maradona, Lionel Messi, “ Harry Potter, Cristian English, Maradona Organizations: United, U.S ., Argentine Locations: BUENOS AIRES, Argentina, United States, U.S, Argentine, Paraguay, Washington, Salta, Chile

Santos, the club where Pelé and Neymar started, also doesn't accept that the Al-Hilal striker broke the record of the man the club and Brazilians call their king. Pelé scored twice in Brazil's 2-2 draw with Inter Milan in 1960. In 1960, he claimed a hat-trick in a 3-1 triumph over against a combination of Egyptian and Syrian national team players. “I want to say this (record) doesn’t mean I am better than him (Pelé) or any national team player,” he said in a short statement. “I always wanted to write my story in the national team and today I did that.”___

Persons: Neymar, Pelé, Neymar Jr, Ednaldo Rodrigues, ” Neymar, Rodrigues, “, Santos, Al, ”, Mauro Cézar Pereira, Renato Mauricio Prado, Lionel Messi, Cristiano Ronaldo Organizations: SAO PAULO, —, Brazil's, FIFA, “ FIFA, Inter Milan, Atletico Madrid, Sweden's, Pelé, Syrian national, Neymar, Brazil —, Argentina, Copa Locations: — Brazil, American, Bolivia, Hilal, Brazil, Sweden's Malmo, Northeastern, Pernambuco, London, Rio de Janeiro, Portugal, Copa America

SAO PAULO (AP) — Neymar became the top goal scorer for Brazil’s national team after surpassing the total of three-time World Cup winner Pelé on Friday. Neymar's record-breaking goal came after a low cross into the penalty box, which the striker finished with accuracy from close range. FIFA does not count goals the three-time World Cup winner had at national team friendlies against clubs. Neymar’s most-recent match for Brazil before the victory over Bolivia was the World Cup quarterfinal loss to Croatia. He left Qatar with doubts about his future in the national team and did not play the Selecao’s first three games this year.

Persons: — Neymar, Pelé, Al, Billy Viscarra, “, ___ Organizations: SAO PAULO, Brazil’s, Bolivia, Neymar, FIFA, Twitter, Croatia Locations: Amazon, Belém, Hilal, Neymar’s, Brazil, Bolivia, Qatar

☆ Why Saudi Arabia is spending hundreds of millions on soccer stars like Cristiano Ronaldo and Neymar
▼ + stars: | 2023-09-08 | by ( Anuz Thapa | ) www.cnbc.com time to read: +3 min

Soccer in Saudi Arabia has entered a new era — the era of having global superstars play on Saudi turf. "This is what we're doing by bringing household names like that to the Saudi league. Saudi Arabia's sovereign wealth fund, the Public Investment Fund, is the financial vehicle driving these high-priced transactions. "Saudi Pro League is the top men's professional soccer league in Saudi Arabia." Watch the video above to find out why Saudi Arabia is doubling down its investment in professional soccer and more.

Persons: Neymar, Ballon, Cristiano Ronaldo, Fahad Nazer, Prince Mohammed bin Salman, Stefan Szymanski, Simon Chadwick Organizations: Soccer, Pro League, Saudi, CNBC, Public Investment Fund, Saudi Pro League, University of Michigan, Newcastle United, Critics, Skema Business Locations: Saudi Arabia, Saudi, Saudi Embassy, U.S, Ittihad, Al, Hilal, Ahli

☆ Brazil soccer star Ronaldinho denies ties to company accused of scam
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

[1/3] Former soccer player Ronaldo de Assis Moreira (popularly known as Ronaldinho Gaucho) attends a session of the Parliamentary Commission of Inquiry (CPI) of the Financial Pyramids, at the Chamber of Deputies in Brasilia, Brazil, August 31, 2023. REUTERS/Ton Molina Acquire Licensing RightsAug 31 (Reuters) - Retired Brazilian soccer star Ronaldinho Gaucho on Thursday denied an accusation of involvement in a scam that has drawn national attention for deceiving victims with promises of profitable cryptocurrency investments. Ronaldinho said he signed a contract with the U.S. company 18k Watch Corporation in 2016 to create a line of watches bearing his image, the statement added. The same year, Ronaldinho and his brother were imprisoned in Paraguay for 171 days for using a falsified passport. The soccer star was named FIFA World Player of the Year in 2004 and 2005 and won the World Cup with Brazil in 2002 and the Champions League with Barcelona in 2006.

Persons: Ronaldo de Assis Moreira, Ronaldinho Gaucho, Ton Molina, Ronaldinho Comércio, Ronaldinho, Ricardo Silva, Carolina Pulice, Richard Chang Organizations: Parliamentary, Inquiry, REUTERS, National Congress, U.S, Watch Corporation, FIFA, Champions League, Barcelona, Reuters, Thomson Locations: Brasilia, Brazil, Brazilian, Barcelona, Paraguay

☆ Lionel Messi lifts MLS to new heights, but the league needs more than 'the GOAT' to grow
▼ + stars: | 2023-08-24 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

Marco Bello | ReutersSince joining, Inter Miami rose to the highest-selling MLS team for tickets from the 13th spot on StubHub. The average ticket price for Inter Miami on StubHub is $161, nearly 64% higher than the league average. The overall average MLS ticket price is up to $98, while the average ticket price for the Leagues Cup overall was $152. Yes, what we're seeing in pricing for the MLS for Messi games is unprecedented. "Those average ticket prices were still three times what we're seeing for Messi games so far this year," Budelli said.

Persons: Lionel Messi, Logan Riely, Messi, it's, Camilo Durana, Lee Berke, David Beckham, Wayne Rooney, Thierry Henry, Neymar, Cristiano Ronaldo, Karim Benzema, Germain, –, Leo Messi, Marco Bello, he's, Durana, Marc de Grandpré, that's, Adam Budelli, Tom Brady –, StubHub, Lebron James, Budelli, Berke, Tom Brady, Adam Glanzman Organizations: FC Dallas, Toyota, Major League Soccer's Inter Miami CF, MLS, NFL, NBA, Public Investment Fund, French, Paris Saint, FC Barcelona, Inter Miami, Reuters, Messi, Apple, North, Liga MX, U.S, Leagues, Saturday, Red Bulls, New York Red Bulls, NFL Sunday, Tampa Bay, Disney, ESPN, ABC, Tampa Bay Buccaneers, New England Patriots, Gillette, Getty Locations: Frisco , Texas, U.S, Saudi Arabia, Argentine, Fort Lauderdale , Florida, Harrison , New Jersey, Manhattan, StubHub, Foxborough , Massachusetts

☆ Seven die in crash on bus carrying Corinthians soccer fans in Brazil
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +1 min

Aug 20 (Reuters) - Seven people died in a bus crash on a highway in the Brazilian state of Minas Gerais in the early hours of Sunday, said the state's military fire brigade. The bus was carrying fans of soccer team Corinthians, after they attended a match against Cruzeiro in the Minas Gerais capital, Belo Horizonte. Corinthians regretted the accident and expressed its solidarity with the families of the victims. Several other Brazilian soccer clubs also expressed their condolences. President Luiz Inacio Lula da Silva, who is a Corinthians fan, offered his condolences to the family and friends of the victims.

Persons: Corinthians, Luiz Inacio Lula da Silva, Lula, Rodrigo Viga Gaier, Lisa Shumaker Organizations: Corinthians, Cruzeiro, Passengers, Thomson Locations: Brazilian, Minas Gerais, Belo Horizonte

☆ Marta: How Brazil’s all-time record goalscorer became the greatest of all time and an ‘icon’ in her country
▼ + stars: | 2023-08-01 | by ( Matias Grez | ) edition.cnn.com time to read: +11 min

10, it the greatest women's player of all time and has become an 'icon' Brazil. Marta has won the FIFA Women's World Player of the Year award an unprecedented six times. The only achievement missing from a glittering CV is a major title with her beloved national team. Australia and New Zealand 2023 is her sixth and final Women's World Cup. If it weren’t for Marta, women’s football in Brazil would probably still be a very incipient thing.

Persons: CNN —, ” Sissi, “, Sissi, Vasco da Gama, Marta Viera da Silva, ”, Marta, chuckles, Stuart Franklin, wasn’t, Marta ’, John Walton, ’, that’s, ” Marta, Feng Li, Brazil’s, Ronaldo, Ronaldinho, Rivaldo, Cafu, Roberto Carlos, Dida, Tina Ellerston, Ellerston, –, Juca Kfouri, Ronaldo O Fenômeno, Ronaldinho Gaúcho, ” Kfouri, Doug Pensinger, Pelé, Marta “ Pelé, Raphael Alves, she’s, Neymar, ‘ Marta ’, King, Marta –, Paul Currie, Kfouri, “ Marta Organizations: CNN, Brazil, Rio, Vasco, CNN Sport, FIFA, Nigeria, women’s, Champions League, Copa Libertadores, Germany, United, United States Women’s National, AFP, Getty, Brazil ” Locations: Rio de Janeiro, Brazil, United States, men’s, Germany, USA, nestling, Australia, New Zealand, Alagoas, Marta’s, Brazilian

☆ Peru says no Guillain-Barre risk for Corinthians players
▼ + stars: | 2023-07-14 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

CNN —Peru’s health ministry said on Thursday that Corinthians are not at risk of contracting Guillain-Barre syndrome when they visit the country next week after the coach of the Brazilian soccer team voiced concerns about playing in Lima. Guillain-Barre is a very rare and serious condition that affects the nerves, causing problems such as numbness, weakness and pain. Speaking to journalists after Tuesday’s match, he said those responsible for overseeing the tournament should make a decision to protect players. In response to Luxemburgo’s comments, Peru’s health ministry said in a statement that Guillain-Barre is not transmitted from person to person and that the players “are not at risk of contagion” in the country. “In Peru, there is no restriction regarding this disease, whether they are meetings, national or international trips, events, among others,” it said.

Persons: Vanderlei Luxemburgo, ” Organizations: CNN, Brazilian, Copa Sudamericana, Universitario Locations: Guillain, Barre, Lima, Peru, Brazil, “

☆ Construction halted on mansion of Brazilian soccer star Neymar
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +1 min

RIO DE JANEIRO, June 22 (Reuters) - Construction on a mansion belonging to Brazilian soccer player Neymar Jr was halted on Thursday due to environmental violations, officials said on Thursday, adding that the high-profile athlete could face a fine of at least $1 million. The residence is located in the coastal town of Mangaratiba on the south coast of Rio de Janeiro state. If the violations are proved, Neymar Jr could be forced to pay at least 5 million reais ($1.05 million) in fines, according to the statement. Officials said that during their visit to the property to stop construction, the athlete's father, Neymar da Silva Santos, insulted them. ($1 = 4.7729 reais)Reporting by Rodrigo Viga Gaier; Writing by Peter Frontini and Carolina Pulice Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Neymar Jr, Neymar, Neymar da Silva Santos, Rodrigo Viga Gaier, Peter Frontini, Shri Navaratnam Organizations: RIO DE, Carolina, Thomson Locations: RIO DE JANEIRO, Brazilian, Mangaratiba, Rio de Janeiro

☆ It's official - Pele is now defined as someone 'out of the ordinary'
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +2 min

Earlier this month, the Pele Foundation and Sportv launched the "Pele in the dictionary" campaign to pay tribute and recognise his legacy in other fields besides sport. Having reached more than 100,000 signatures, the name of the former player, who died in December, is now an entry in the dictionary. Examples: He is the Pele of basketball, she is the Pele of tennis, she is the Pele of Brazilian dramaturgy, he is the Pele of medicine". Pele's family was presented with a plaque with the entry and Michaelis has already included it in its digital edition. "The Pele campaign in the dictionary is one of the most original we have ever participated... His name in the dictionary is a very important piece of his legacy that will keep Pele alive forever," said Joe Fraga, executive director of the Pele Foundation.

☆ Mexico's Televisa reaches $95 mln investor settlement over FIFA bribery role
▼ + stars: | 2023-03-01 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

[1/2] The logo of broadcaster Televisa is seen outside its headquarters in Mexico City, Mexico, December 14, 2022. REUTERS/Raquel Cunha/File PhotoNEW YORK, March 1 (Reuters) - Grupo Televisa SAB (TLEVISACPO.MX) has reached a $95 million settlement to resolve a U.S. investor lawsuit accusing the Mexican broadcaster of bribing FIFA soccer officials to win rights to four World Cup tournaments. Investors said they suffered losses as the bribery became known during corruption trials in Brooklyn, New York, causing the ADR price to fall. Its law firm Boies, Schiller & Flexner may seek up to $28.5 million of the settlement in fees and $3.5 million for expenses. The case is In re Grupo Televisa Securities Litigation, U.S. District Court, Southern District of New York, No.

Organizations: & $

☆ Some donations from George Santos' failed 2020 campaign are attributed to addresses that don't exist, report says
▼ + stars: | 2023-01-28 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Mother Jones tried to track down donors listed in George Santos' 2020 campaign filings. In one case, Santos' 2020 campaign filings listed a $2,500 donation from an individual named Stephen Berger at a Brawley, California address. However, the location is associated with William Brandt, a longtime California rancher and Republican donor, and his wife, Mother Jones reported. There were also instances where the addresses of reported donors did not exist. On his resume, Santos listed jobs he never held, such as project manager at Goldman Sachs and asset manager associate at Citigroup.

☆ Sprinting great Bolt says 'stressful situation' trying to recover lost millions
▼ + stars: | 2023-01-27 | by ( Kayon Raynor | ) www.reuters.com time to read: +2 min

KINGSTON, Jan 27 (Reuters) - World 100 and 200 metres record holder Usain Bolt said on Friday that it was a "stressful situation" trying to recover more than $12.7 million that has disappeared from his account with a Jamaican investment firm. "It's tough you know, but I think through the years I've competed it has helped me to understand and focus on what matters," Bolt told reporters on Friday. "I will leave the matter in my lawyer's hands and focus on my family, try not to think too much about it because it's a stressful situation," the 11-time world champion added. The Jamaica Constabulary Force said its fraud and financial investigation teams were probing "alleged fraudulent activities at (SSL) which are said to have affected the accounts of Mr. Usain Bolt among other individuals." Bolt's account was intended to serve as a pension for the eight-time Olympic champion and for his parents, Gordon said.

☆ Usain Bolt seeks missing $12.7 mln from Jamaica investment firm
▼ + stars: | 2023-01-18 | by ( Kate Chappell | ) www.reuters.com time to read: +2 min

KINGSTON, Jan 18 (Reuters) - Olympic champion Usain Bolt is seeking to recover more than $12.7 million that disappeared from his account with a Jamaican investment firm and is willing to take the case to court if necessary, Bolt's attorney said. "We will be going to court with the matter" if the company does not return the funds, Gordon said. The Jamaica Constabulary Force said on Monday that its fraud and financial investigation teams were probing "alleged fraudulent activities at (SSL) which are said to have affected the accounts of Mr. Usain Bolt among other individuals." Bolt's account was intended to serve as a pension for the eight-time Olympic gold medalist sprinter and for his parents, Gordon said. Reporting by Kate Chappell in Kingston and Brian Ellsworth in Caracas Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

☆ Nike faces 3 obstacles that could threaten its dominance
▼ + stars: | 2023-01-14 | by ( Matthew Kish | ) www.businessinsider.com time to read: +4 min

New Adidas CEO Bjørn Gulden could reinvigorate the rivalry with Nike. Top of mind with stock pickers: Nike needs to shed inventory and get sales growing more in China. Where is the next leg of growth going to come from? Before the December earnings report, Simeon Siegel, managing director for equity research at BMO Capital Markets, told Insider Nike appeared to be turning a corner in China. Analysts also think new Adidas CEO Bjørn Gulden, who previously worked as CEO of Puma, could reinvigorate the rivalry with Nike.

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